Financials
- Fiscal year
- 2024
- Total assets
- €24,649
- Loss
- -€9,763
- Solvency
- -19.3%
GG-MAT
ActiveSummary
The computed 12-month bankruptcy probability of GG-MAT is 3.3% (moderate). The 2024 annual accounts show negative equity (-€4,763) and a net result of -€9,763. Its solvency ranks better than 8% of 37,956 sector peers (NACE 70, fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
€24,649total assets 2024
- Equity
- -€4,763
- Loss
- -€9,763
Turnover not published (abridged schema)
Structure
Accounts filed 126 days late0 of 1 deed read
Why 47- 1 financial year not filed after the legal deadline; latest accounts 126 days late; 1 of the last 3 late- Figures for FY 2024 (filed 09-12-2025)- Founded in 2023+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2024
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 70, micro)
Financial strength
Weak
Solvency
6
equity -19.3% of total assets
Liquidity
3
short-term debt 119.3% · cash 2.5%
Profitability
4
return on assets -39.6%
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%lowest value
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 1.0%▲ +0.4 percentage points vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.3%▲ +0.3 percentage points vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.4%▲ +0.1 percentage points vs 02-2026
04-2026: 1.5%▲ +0.1 percentage points vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.4%▼ -0.1 percentage points vs 06-2026
08-2026: 1.9%▲ +0.5 percentage points vs 07-2026
09-2026: 2.2%▲ +0.3 percentage points vs 08-2026
10-2026: 3.3%▲ +1.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.56; short-term debt: 119.3% and cash: 2.5% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 6% on solvency, 3% on liquidity and 9% on profitability.
The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
126 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 126 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- General meeting · Director appointmentDirector in office · Permanent…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 07-04-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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